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You can invest as little as $1,000 in each property that means you can develop a portfolio of different property types and in different areas for this diversification. You also get professional management of the projects. The job owners send all equity or debt payouts through the system and it gets passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate prices may occur after the economy somewhat but there is still that natural demand from homeowners and business customers so that supports costs.

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I surveyed real estate crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15% annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform because it provides me access to as many deals as you can. .

Clients to the channel have probably already seen the videos on our next passive income idea, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 books that averaged $1,857 per month last year.

Before you think you cant write a novel, anyone can do this and it is so easy. In fact, self-publishing is a natural fit for bloggers because youre already writing the material. All you have to do is reformat it and turn it into a book for another income source.

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Im making an average of $185 per month on every publication and you can produce a new book every couple of months if youre really focused. The very best thing about self-publishing is that once you get it published on Amazon, theres nothing left to do. I spend about $20 per month on advertising for every publication and thats it. .

So if youre doing a book every 2 months, youll have your own $ 5,000 a month in only over two years and now thats going to become consistent income every month even if you give up writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have reserved returns only under 10%. Now that might not sound great against double-digit stock returns but its double what you get from additional fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you already have money in them via any pension plan or insurance. You see banks sell their loans to investors that need reliable money flow so their most important buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans so about $1,000 on each $10,000 invested. Now thats a year so youll need quite a bit invested to create that $5,000 a month but even a little portfolio will constantly be putting money in your account. You receive paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is the sites automated Discover More investing instrument. You pick the standards for loans in which you want to invest and the application does the rest. It will look for loans daily which meet those factors and mechanically invest your money. Its important because youre collecting money on your loan investments every day so that you want that money reinvested as soon as possible. .

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The description automatic investing tool on Lending Club makes the investment entirely passive. I could only check in on my account once a month or even less often. I know that program is going to keep investing my money for a secure and passive return.

Our next passive income notion is another twist on crowdfunding known as Patreon. The website is encouraged as a crowdfunding website for creative people like artists and writers but its own for anyone with a side-hustle idea.

Patreon is really how the arts used to work hundreds of years ago. Back during the renaissance, artists utilized to ask the rich for their patrons to support their work through regular contributions.

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So now the website Patreon gives you the opportunity to get patrons for your own works. You construct a community of individuals interested in your job, another usage of a site that does double-duty for this passive income strategy, and then ask them to make contributions every time you produce something. .

Now patrons dont come off empty-handed, you offer benefits and copies of this work. So for a writer, you might offer copies of your own books. You can promise to thank patrons on your blog or to market something of theirs in the long run.